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Book The Future of Public Employee Retirement Systems

Download or read book The Future of Public Employee Retirement Systems written by Gary Anderson and published by OUP Oxford. This book was released on 2009-08-13 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: People covered by public pensions are often the subject of 'pension envy:' that is, their benefits might seem more generous and their contributions lower than those offered by the private sector. Yet this book points out that such judgments are often inaccurate, since civil servants hold jobs with few counterparts in private industry, such as firefighters, police, judges, and teachers. Often these are riskier, dirtier, and demand more loyalty and discretion than would be required of a more mobile labor force in the private sector. The debate challenges traditional ideas about how the public employee labor contract is structured and raises questions about how such employees are attracted to the public sector, retained and motivated on the job, and retired, via an entire compensation package of wages and benefits. Authors explore aspects of these schemes, addressing the cost and valuation debate, along with the political economy of how public pension asset pools are perceived and managed, an increasingly important topic in times of global financial turmoil. The discussion also explores ways that public pensions can be strengthened in the US, Japan, Canada, and Germany. The volume captures a vigorous debate currently underway by academics, financial experts, regulators, and plan sponsors, all seeking to define a new future for public retirement systems. It will be of substantial interest to a wide range of readers, since public sector employees and their representatives will naturally find the comparisons and arguments over valuation of keen interest. Public pension administrators and policymakers seeking an explanation of what makes these plans so costly will gain a new understanding of how the arguments stack up. Private sector employers and plan sponsors can learn much from efforts to reform these retirement systems in states and countries around the world. Finally, investors and the taxpaying public more generally may be at risk to cover these long-term promises, so it behoves them to pay close attention to the financing and investment practices of these plans, along with their valuation. This volume represents an invaluable addition to the Pension Research Council / Oxford University Press series as it includes actuarial, economic, and financial perspectives making it useful for academics, retirement plan administrators, and public employees wishing to understand the challenges facing public pensions.

Book North Dakota Blue Book

Download or read book North Dakota Blue Book written by and published by . This book was released on 2001 with total page 666 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Report of the North Dakota Legislative Council

Download or read book Report of the North Dakota Legislative Council written by North Dakota. Legislative Assembly. Legislative Council and published by . This book was released on 1985 with total page 728 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Nomination Hearing of the Hon Edward T Schafer to be Secretary U S Department of Agriculture

Download or read book Nomination Hearing of the Hon Edward T Schafer to be Secretary U S Department of Agriculture written by United States. Congress. Senate. Committee on Agriculture, Nutrition, and Forestry and published by . This book was released on 2008 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book North Dakota Century Code

Download or read book North Dakota Century Code written by North Dakota and published by . This book was released on 1959 with total page 632 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book North Dakota Centennial Blue Book 1889 1989

Download or read book North Dakota Centennial Blue Book 1889 1989 written by and published by . This book was released on 1989 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Certain Pension Access and Simplification Issues

Download or read book Certain Pension Access and Simplification Issues written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Select Revenue Measures and published by . This book was released on 1992 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Resources in Education

Download or read book Resources in Education written by and published by . This book was released on 1990 with total page 808 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book State and Local Pensions

Download or read book State and Local Pensions written by Alicia H. Munnell and published by Rowman & Littlefield. This book was released on 2012-08-27 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the wake of the financial crisis and Great Recession, the health of state and local pension plans has emerged as a front burner policy issue. Elected officials, academic experts, and the media alike have pointed to funding shortfalls with alarm, expressing concern that pension promises are unsustainable or will squeeze out other pressing government priorities. A few local governments have even filed for bankruptcy, with pensions cited as a major cause. Alicia H. Munnell draws on both her practical experience and her research to provide a broad perspective on the challenge of state and local pensions. She shows that the story is big and complicated and cannot be viewed through a narrow prism such as accounting methods or the role of unions. By examining the diversity of the public plan universe, Munnell debunks the notion that all plans are in trouble. In fact, she finds that while a few plans are basket cases, many are functioning reasonably well. Munnell's analysis concludes that the plans in serious trouble need a major overhaul. But even the relatively healthy plans face three challenges ahead: an excessive concentration of plan assets in equities; the risk that steep benefit cuts for new hires will harm workforce quality; and the constraints plans face in adjusting future benefits for current employees. Here, Munnell proposes solutions that preserve the main strengths of state and local pensions while promoting needed reforms.

Book Proceedings of the Fifteenth Annual Meeting of the International Association of Public Employment Services

Download or read book Proceedings of the Fifteenth Annual Meeting of the International Association of Public Employment Services written by Association of Governmental Officials in Industry. Meeting and published by . This book was released on 1929 with total page 1466 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Bulletin of the United States Bureau of Labor Statistics

Download or read book Bulletin of the United States Bureau of Labor Statistics written by and published by . This book was released on 1929 with total page 1904 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Report on State Pension Commissions

Download or read book Report on State Pension Commissions written by and published by . This book was released on 1986 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Statistical Reference Index

Download or read book Statistical Reference Index written by and published by . This book was released on 1983 with total page 1104 pages. Available in PDF, EPUB and Kindle. Book excerpt: